Responsibilities
Job Summary / Purpose
The Payer Analytics Strategic Initiatives Analyst plays a critical role in advancing CommonSpirit Health’s managed care strategy through a blend of financial analysis, payer contract modeling, and strategic insights. Payer Analytics Initiatives is a multi-dimensional, dynamic department, with an emphasis on problem-solving and special project focus. This position is responsible for evaluating and supporting negotiations across a diverse payer portfolio, including commercial, Medicare, Medicaid, Health Insurance Exchange plans, and more. The Analyst leverages analytical tools such as PIC and EPIC, and manages their integration with internal Core Analytics Tools, to inform contract strategy, optimize reimbursement, and identify risks and opportunities in payer arrangements.
The role supports internal stakeholders through customized analyses, market intelligence synthesis, and proactive insights that guide payer strategy formation. In addition to leading structured initiatives, the analyst performs ad hoc analysis to support real-time negotiation efforts, strategic pricing scenarios, dispute analytics, and the development of termination or alternative payment strategies. The position works closely with senior management, Payer Strategy negotiating teams, and cross-functional teams within and outside of the Payer Strategy and Analytics (PSA) group to develop data-driven solutions that enhance financial performance, strengthen provider-payer relationships, and support the organization’s mission to improve community health outcomes.
Qualifications
Required Education and Experience
Bachelor’s Degree in Business Administration, Accounting, Finance, Healthcare or related field. Equivalent education and/or experience may be considered in lieu of degree. Minimum of one (1) year of experience in financial healthcare reimbursement analysis is required, including an understanding of national standards for fee-for-service and value-based provider reimbursement methodologies.Required Minimum Knowledge, Skills, Abilities and Training
Experience in financial healthcare reimbursement analysis is required, including an understanding of national standards for fee-for-service and value-based provide reimbursement methodologies.Experience in contribution to profitability through detailed financial analysis and efficient delivery of data management strategies supporting contract analysis, trend management, budgeting, forecasting, strategic planning, and healthcare operations.Basic technical understanding and proficiency in MS Excel, MS Access, MS Visual Basic, PIC, SQL, or other related applications.Working knowledge of healthcare financial statements and accounting principles.Ability to use and create data reports from health information systems, databases or national payer websites (EPIC, EPSI, PIC, SQL Databases, etc.)Proficiency in reading, interpreting and formulating computer and mathematical rules/formulas. OverviewInspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.